Fly Intel: Top five analyst upgrades

Catch up on today's top five analyst upgrades with this list compiled by The Fly: 1. Halliburton (HAL) upgraded to Conviction Buy from Buy at Goldman Sachs with analyst Angie Sedita saying in an oil price recovery, she sees Halliburton having greater earnings upside versus its peer group given the company's significant structural cost-cutting in 2020. 2. Southwestern Energy (SWN) upgraded to Equal Weight from Underweight at Wells Fargo with analyst Nitin Kumar citing the improved free cash flow outlook following the Montage Resources (MR) deal. 3. Brinker (EAT) upgraded to Buy from Hold at Gordon Haskett with analyst Jeff Farmer saying the company's newly formed virtual restaurant strategy with delivery partner DoorDash can drive a highly incremental, high margin revenue stream, create a competitive advantage over the casual dining peer group and insulate sales Chili's against a potential second wave of state-mandated restaurant closures if the pandemic sees a resurgence. 4. Schlumberger (SLB) upgraded to Overweight from Equal Weight at Wells Fargo with analyst Christopher Voie saying he believes higher free cash flow conversion should partially offset a lower growth outlook versus history. 5. Estee Lauder (EL) upgraded to Outperform from Perform at Oppenheimer with analyst Rupesh Parikh saying he sees a more rapid profit recovery than previously envisioned driven by the Chinese consumer, a resilient skincare category, and accelerated online growth. This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here.